Be more transparent

If you are transparent about your company's financial situation, when raises are considered, and your limitations, your employee looking for a raise will be more willing to wait.

Transparency creates a deeper level of trust between employers and employees. However, a lack of transparency could lead to a toxic culture that causes people to leave.

The best way to find out why someone wants a raise is to ask them.

Questions that can help to uncover the issue.

• What's your least favourite part about your job?
• What's one thing we could do to improve how our team works?
• How do you ...